The market for flow meters is largely driven by the rising demand for accurate measuring instruments from water & waste water and oil & gas industries. There is an increased demand for reliable flow meters which is driving the market of ultrasonic and carioles flow meters.
Complete report on Flow Meters Market spread across 158 pages, profiling 19 companies and supported with 69 tables and 47 figures is now available at http://www.rnrmarketresearch.com/flow-meters-market-by-type-differential-pressure-positive-displacement-magnetic-ultrasonic-coriolis-turbine-vortex-and-others-and-by-application-water-wastewater-oil-gas-refining-petro-market-report.html
Owing to its properties such as safety, accuracy reliability, availability and efficiency, flow meters are used in various applications of oil & gas. This includes its use in custody transfer measurement, mass flow measurement of crude oil, fluid loss & leak detection, process gas flow, hydraulic fluid flow sensing, among others. The rising demand for flow meters in Middle East & Africa and Asia-Pacific are expected to boost the growth of the flow meters market in the oil & gas industry.
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The rising demand for smart flow meters is driving the growth of the flow meters market in Asia-Pacific. The market in the region is driven by the increased demand from China and India. China is the largest market in the region. Oil & gas, pharmaceutical and food & beverage industries are gaining momentum in the region which is estimated to drive the market for flow meters. These are the major end-use industries of flow meters in this region. Thus, the demand for flow meters in the region is increasing. Furthermore, the rising demand from water & waste water industry is estimated to boost the growth of the flow meters market in the region.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (29%); Tier 2 (57%) and Tier 3 (14%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (46%), Directors Level (31%) and other (23%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (24%), Europe (28%), Latin America (14%), and the Middle East & Africa (5%).
Various key players profiled in the report include Siemens AG (Germany), Emerson Electric Co. (U.S.), ABB Ltd. (Switzerland), Yokogawa Electric Corporation (Japan), Endress+Hauser Management AG (Switzerland), Honeywell International Inc. (U.S.), Azbil Corporation (Japan), Badger Meter Inc. (U.S.), Krohne Messtechnik GmbH (Germany), and Schneider Electric (France).
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
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